Aldi to Invest in London Expansion

The grocery retailer has announced plans to invest more than £22M in new and upgraded stores across London this year.

Aldi plans to open nine new stores in the London area before the end of the year, including Dalston, South Harrow, and Haringey. In addition to this, the retailer has confirmed that it intends to extend its Feltham store. A recruitment drive will form part of the London investment, and according to the company as many as 300 new jobs will be available at the stores within the city.

Aldi is set to open its 48th London store in Little Venice this week and is currently on track to achieve its goal of 100 stores inside the M25 by 2025.

Aldi UK Regional Managing Director, Ben Shotter, commented: “Whilst we continue to expand throughout the UK growing our market share in London is a key focus for us. Over the next four years we want to change the fact that some people in London don’t always have easy access to Aldi’s high-quality groceries at the lowest prices. With shoppers increasingly looking to make sure they get unbeatable prices on their weekly shop without compromising on quality, our stores are becoming even more popular.”

The move comes as a part of Aldi’s pledge to invest £1.3bn across the UK over the next two years.

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